Guidant Financial Reports Growth of 17% Year-Over-Year in Small Business Lending Transactions, Increase in Transactions is Indicative of Firm’s Overall Performance

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Guidant Financial, a leader in small business financing, has recorded an increase of 17 percent in lending transactions over the last year. Guidant’s transactional growth is indicative of the company’s overall performance; it is also experiencing a 23 percent increase in revenue year-over-year.

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“Guidant Financial is committed to helping people succeed in small business, and that starts with helping first-time business owners identify and secure the right financing,” said David Nilssen, CEO of Guidant Financial.

Small business ownership is a common dream for many, and recent statistics have shown that an increasing number of people are now taking action to pursue that dream, starting with financing. Guidant Financial, a leader in small business financing, has recorded an increase of 17 percent in lending transactions over the last year.

A key reason for this growth can be attributed to how Guidant Financial serves customers; using a combination of technolgy and high-touch customer service, it finds the right financing solution for first-time business owners that best suites their short and long-term needs. Guidant’s transactional growth is indicative of the company’s overall performance; it is also experiencing a 23 percent increase in revenue year-over-year.

Steady growth is due in large part to increased awareness and pursuit of Guidant’s flagship service, 401(k) business financing (also known as Rollovers for Business Start-ups or ROBS). This method allows business owners to use existing retirement funds to fund a small business without triggering a taxable distribution. ROBS can also be used as the down payment on a small business loan, alleviating a top concern for many aspiring entrepreneurs of coming up with enough cash to cover a large down payment. In fact, approximately half of Guidant’s Small Business Administration loan clients use ROBS in combination to finance their business endeavor. It’s because of this unique combination that Guidant also saw a 97 percent increase in SBA loans year-over-year.

Growth in the number of people starting a business can also be attributed to the U.S. economy. Real estate and the stock market remain near record highs, and that coupled with a low-interest lending environment has bolstered confidence among aspiring entrepreneurs. According to Guidant’s State of Small Business survey, completed in partnership with LendingClub, aspiring entrepreneurs had an average confidence level of 8 out of 10.

“Guidant Financial is committed to helping people succeed in small business, and that starts with helping first-time business owners identify and secure the right financing,” said David Nilssen, CEO of Guidant Financial. “But our commitment goes further than just helping them get started; we’ve invested in technology and services to help our customers be successful once in business.”

Guidant understands today’s aspiring entrepreneurs want more information and control. It employs a seasoned team from different financing backgrounds who can provide a customized view of an individual’s available financing options. And it offers business calculators and content to help aspiring small business owners make confident decisions throughout the financing process. Guidant Financial leverages technology and services to make more capital available to main street small businesses.

About Guidant Financial

Guidant Financial helps business owners secure financing to start, buy or grow a business. An industry leader in innovative business and franchise financing, Guidant works with new and existing entrepreneurs to identify, evaluate and deploy customized financing solutions. Their services include, but are not limited to, 401(k) business funding, SBA loans, unsecured credit and portfolio loans. In total, Guidant has helped over 16,000 entrepreneurs in all 50 states to invest more than $4 billion in funds to start small businesses, resulting in more than 85,000 U.S. jobs created. Visit Guidant on the web at guidantfinancial.com.

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Stacia Kirby
Kirby Communications
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